Colombia - Continuous And Discontinuous Totalisers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 13, 2024

Colombia - Continuous And Discontinuous Totalisers - Market Analysis, Forecast, Size, Trends And Insights

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Totaliser Price in Colombia - 2022

Contents:

  1. Totaliser Price in Colombia (CIF) - 2022
  2. Totaliser Price in Colombia (FOB) - 2022
  3. Totaliser Imports in Colombia
  4. Totaliser Exports in Colombia

Totaliser Price in Colombia (CIF) - 2022

The average totaliser import price stood at $5,456 per unit in 2022, picking up by 4.3% against the previous year. In general, the import price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 125%. The import price peaked at $8,535 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($51,039 per unit), while the price for Canada ($1,159 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+42.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Totaliser Price in Colombia (FOB) - 2022

The average totaliser export price stood at $6,072 per unit in 2022, surging by 82% against the previous year. Overall, the export price recorded a tangible expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 202% against the previous year. Over the period under review, the average export prices hit record highs at $12,530 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($10,693 per unit), while the average price for exports to Costa Rica ($409 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+15.8%), while the prices for the other major destinations experienced mixed trend patterns.

Totaliser Imports in Colombia

In 2022, imports of continuous and discontinuous totalisers into Colombia dropped sharply to 82 units, declining by -42.3% on the year before. Overall, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 426% against the previous year. As a result, imports reached the peak of 142 units, and then contracted markedly in the following year.

In value terms, totaliser imports reduced rapidly to $450K in 2022. Over the period under review, imports faced a dramatic decrease. The pace of growth was the most pronounced in 2021 when imports increased by 367% against the previous year. Over the period under review, imports reached the maximum at $1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Totaliser in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24323.2110158-13.4%
India32837.451.488.6-35.4%
Denmark14430.213377.7-18.6%
China9.55.010023.234.7%
Italy73.810.49.621.1-34.1%
Japan39.95.69.512.2-32.6%
Canada9.62.513.37.9-6.3%
Panama7.81.99.36.2-7.4%
Mexico0.12.410.35.7284.9%
Germany25.013.577.30.5-72.9%
Netherlands28.43.50.60.4-75.9%
Others10123.321748.7-21.6%
Total1,010159741450-23.6%

Top Suppliers of Totaliser to Colombia in 2022:

  1. United States (43.0 units)
  2. India (10.0 units)
  3. Canada (7.0 units)
  4. China (6.0 units)
  5. Panama (3.0 units)
  6. Italy (2.0 units)
  7. Mexico (2.0 units)
  8. Denmark (2.0 units)
  9. Japan (2.0 units)

Totaliser Exports in Colombia

In 2022, overseas shipments of continuous and discontinuous totalisers increased by 1,000% to 11 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports attained the peak figure at 20 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, totaliser exports surged to $66K in 2022. In general, exports posted modest growth. The exports peaked at $127K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Totaliser in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico29.478.70.645.115.3%
Panama13.70.42.011.5-5.7%
Peru1.92.80.51.8-1.8%
Costa Rica0.20.10.10.314.5%
ArgentinaN/A37.7N/AN/A0%
Others16.96.81.77.1-25.1%
Total62.11274.965.71.9%

Top Export Markets for Totaliser from Colombia in 2022:

  1. Panama (4.0 units)
  2. Mexico (4.0 units)
  3. Costa Rica (1.0 units)
  4. Peru (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the totaliser market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28293130 - Continuous and discontinuous totalisers

Country coverage:

  • Colombia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Colombia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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